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Also serving Kovai
Coimbatore's small industries borrow against gold, machines and receivables from a dense network of local financiers; loan management software brings schedules, collections and accounts under one roof.
Trusted by 200+ organisations across India & overseas — including
Where there are thousands of small factories, there is a constant need for working capital, and Coimbatore has a long tradition of meeting it locally. Finance companies, nidhis, chit-linked lenders and gold loan counters operate from Gandhipuram to Pollachi, lending to powerloom owners, machine shop proprietors, traders and salaried mill workers. Many still run on a loan register, a day book and a collection agent's notebook.
Our loan and lending management software, built on ERPNext, handles loan products, applications and KYC, sanction workflows, disbursal, EMI schedules, interest and penalty accrual, collateral records, field collection on mobile, and overdue and NPA reporting. Every transaction posts to the accounts automatically. For a Kovai lender, the books and the loan ledger stop being two separate truths.
With part-payments, prepayments and changing rates, manual interest calculation produces disputes and quiet losses. The system accrues interest by the product's rules, applies penal charges on overdue amounts, and shows the borrower a statement that can be explained line by line.
Lenders against jewellery hold packets whose weight, purity and valuation are written once and rarely revisited. A collateral record per loan, with appraisal details, storage location and release history, makes audits quicker and mix-ups far less likely.
Field staff visiting borrowers in the textile belt collect cash and report at day end. A mobile collection app records each receipt at the spot with location, issues an acknowledgement, and updates the loan account before the agent returns.
Gold loan and jewellery-backed lending
Loan-to-value rules, packet-wise collateral records, bullet and monthly interest schemes, renewal and auction workflows with notices, and branch-wise vault reconciliation.
MSME and machinery finance
Term loans to engineering units for machine tools and equipment, with hypothecation details, moratorium periods, insurance tracking, and schedules that follow the borrower's cash cycle.
Vehicle and consumer finance
Dealer-originated applications for two-wheelers, goods vehicles and domestic appliances, document capture, quick sanction routing, EMI reminders and repossession case tracking.
We deliver lending systems to Coimbatore institutions from Kochi, beginning with a close reading of your loan products, since every lender's rules differ in the detail. Configuration and data migration of live loans are done remotely and verified against your registers loan by loan. We visit for branch staff training and for the cutover days, when old and new balances must be proved equal.
Case studies
Dumas Bakes N Meals Private Limited
Dumas Bakes N Meals — ERPNext Lifted On-Time Deliveries by Over 40%
Muthoot Securities Limited
Muthoot Securities — MScan, the Flutter App That Cut Document Search Time by 70%
BrahMos Aerospace Thiruvananthapuram Ltd (BATL)
BrahMos (BATL) — Secure, Auditable ERPNext Finance & Procurement
Yes. It scales down well. A single-branch lender can run loan products, collections and accounts with a few users. As branches are added, each gets its own cash, vault and portfolio view, while the head office sees the consolidated position.
It produces overdue ageing, NPA classification, provisioning, interest income and portfolio statements from live data. Report formats vary by the type of institution, so we map your specific returns during discovery and build any that are not standard.
Yes. Reminders before the due date and follow-ups after a missed instalment can go by SMS or WhatsApp, in Tamil or English. For Kovai lenders with many small-ticket borrowers, this alone reduces the routine calling that collection staff do.
Get a clear plan, an honest timeline, and a fixed scope. Talk to a real expert today — whether or not you work with us.
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Kochi (Kadavanthra & Infopark) · Thiruvananthapuram · across India & overseas · In business since 2011